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the math work on his deficit plan and his tax plan. are we going to get those details in the course of the debate? >> well, you know, david, i wish you guys were just as tough on the president. the president says he's going to create a million new manufacturing jobs. he doesn't say how. he says he's going to reduce the long-term debt and deficit by $4 trillion. doesn't say how he's going to do it. let's be fair here. governor romney has laid out a direction and a vision for the direction of this country. he's not an accountant. he is not going to go line-by-line through the budget. but let's hold the president to the same standard and criticize him as well, because how does he create a million new manufacturing jobs, david? he hasn't told anybody the specifics of that. how will he reduce $4 trillion in debt? we're still waiting to hear what he thinks about simpson-bowles, which he commissioned. he's been the president and hasn't given us specifics. so let's be fair here. >> so that's really the approach then? you're a former prosecutor. you understand how the courtroom works. mitt r
talking about the deficit. much of the reason is that when you look at states, iowa and new hampshire in particular, this is an issue that resonates as an almost psychic quality that resonates in this region. i think that that is one thing to keep in mind, one of the ways in which you have these kind of strands that don't always coherent way that works for you. i think that that is one thing to keep in mind. you know, it's really interesting to think about. you have this vaccination for much of the country. the broader swath of the electorate. .. gotten it right in talking about how we actually care about the safety. it matters a lot in a free enterprise society geared we actually need to have this. or it's not actually some kind of saying that we garnish on this ballot, but an incredibly important part of making the whole system work. the problem is that ryan, the reason he excited at this as further reason, the way he gives a very apocalyptic language of the threats to free a price and what have you. that is one reasons why governors have a big advantage over legislators. someone li
want to pay 1 dollar for it. dilemma has three governors in prison for $15 billion deficit. if they want to pay, that's the problem. misery needs to make the tough decisions. should they be put in the mix of whether we've reduced 70 or high-speed rail? is probably in the mix, but i don't think is before us now. i want to see what the load factors to be. that's my world. i want to see supply and demand. if the demand there? will supply. if not, we're not in a position to build it and they will come. we are just not there. >> jim higgins. >> okay, well i am not a transportation expert and i don't think these guys are either. actually i graduated from school as a civil engineer, but they work five years as a civil engineer, but lately i've computers. but why should a bureaucrat decide, you know, what mode of transportation is best, whether we have rail or highway is? it got us in trouble in the beginning. we built all these highways. we overdo it on the highways. now we have pollution and gas consumption because some bureaucrat decided that we needed highways. while now were t
to the same standard as well. >> first of all, we have a deficit plan, it's got health care savings. romney doesn't have a deficit plan. he's got a plan to cut taxes for millionaires and billionaires. he's got a 5 trilli$5 trillion. -- another $2 trillion in defense spending. >> just three days into the first presidential debate, meanwhile mitt romney is off to the trail. we have two reports, we begin with nbc's peter alexander, he's with the romney campaign in boston, with a good morning to you, peter. what are you hearing about all the debate preps today. he o'clock najs that this is an important opportunity in her debate. people have a tendency to focus on the small things, like the color of a candidate's tie or the dramatic one liners, which is his need to get across the big picture message. he says if he does that, he thinks he can be effective over the course of the next three debates and ultimately win this thing. we heard this morning from governor chris christie of new jersey, i want to play you another clip from new jersey this morning. chris christ >> and so they're going start t
cnbc poll, and a national deficit that will pass the $1 trillion mark tomorrow for the fiscal year for the fourth straight year. conventional wisdom saying that president obama should be losing, but there's a slew of national and swing state polls that show president obama building a small lead against republican rival mitt romney. joining me now, tameka simms, and lynn sweet. good afternoon to both of you ladies. >> hello. >> good afternoon. >> let's take a quick look at the polling here. president obama up by five in a fox news poll, six in a bloomberg poll, three in a politico poll, seven points in a "national journal" poll. why do you think that the president is edging out mitt romney in these polls, when the economic recovery has been so slow? >> well, it's a fairly complicated answer, and a lot of it has to do with voter attitudes towards the economy, less so than voter attitudes toward president obama or mitt romney. in many ways, voters have gotten used to the idea of a poor economy, even a lackluster one. and they've kind of gotten used to it. a quarter of the people who s
getting a handle on the deficit. also president obama has been hammering away at romney's tax plan arguing it will add to the deficit. romney has called for cutting all tax rates by 20%. he also wants to eliminate taxes on capital gains and dividends for families who make less than $200,000. there was an independent analysis done by the nonpartisan tax policy center and it did find that romney's plan would drop tax revenues by $5 trillion. but romney has promised he won't add to the deficit because he'll pay for any tax cuts by limiting deductions for taxpayers especially the wealthy. so this isn't really a major break from what he said before. he's just kind of shifting the emphasis, playing up a different part of his plan. >> so deductions. what deductions would mr. romney limit? >> now, that is the $5 trillion question. we tonigdon't know. he has hinted he may scale back the mortgage deduction for wealthy homeowners. think about how many tax deductions are out there. charitable giving, he state and local taxes. it won't be politically easy to scrap any of them because they're popular. s
. not just policy differences. you want to do this with the deficit. i want to do that. it's like the reason i want to do this is because i have a different set of values than republicans. >> what are those values? spell them out. >> using government as a communal progressive force to protect the safety net and to come together and invest in innovation, education, infrastructure. we're in it together. versus the ryan budget, which used as a stand-in first republican nominee, which says we're on it alone, get rid of government and give you a voucher, find medicare on your own. here comes romney and he sort of fits the mold. he's a 1 percenter. he shows no empathy, even before the 47%. >> a pure market guy. >> they use bain, from the beginning, as cynthia noted, as a value. he's out there making money. i'm thinking of wider ames and goals. >> a new bloomberg goal that has president obama leading mitt romney by six points nationally. for one big reason, half of the polls say they have an unfavorable view of mitt romney. bloomberg reports, this is a september high for a presidential challenger i
of spending cuts or deshl resources to meet its 2013 deficit target. and fitch is lowering its 2012 growth forecasts both for china and india. citing deteriorating outlook of the global economy. so not a great way to start the morning. >> no, not great, but i like seeing what we did -- i saw ge and i was going to tell whoever thinks that we need to kiss up to them still -- >> minority partner. >> they are. but comcast would have been a better -- or we could have done both. and did i see something that it had first quarter, second quarter, third quarter? what do i need in the fourth quarter to get to the 30%? do we hahave that anymore? is that gone? no, they don't have it. >> i saw the dow, s&p and nasdaq. >> what did it add up to? adds up to like 15 or so. >> i just saw for this quarter. >> oh, it didn't show first quarter, second quarter -- >> no. >> there are corporate headlines. people started getting plaq blackberries? >> they beat expectations. >> they lost money, they beat expectations. >> but they added subscribers. >> subscribers in developed countries. the point is a developing --
on the short term. he would have also focused on the structural. our problem isot the correct deficits and debt. although they are shockingly high. the problem is what is not on the balance sheet. as a businessman, he understands that is the real problem. you have to solve that problem as well. in addition, ross perot has an incredible ability to communicate and no hesitancy to go directly to the american people. that is what we need from our president. who ever our president is. we have to rally the public of around the fact that we have no choice but to make these tough races. we are going to solve this problem. are we going to solve it prudently and preemptively or for the market forces us to or will we wait for the market to force us which will be a global depression, drop tax increases. is that what we are going to do? it is all about leadership. >> the risk of some asian taking us over -- some nation -- the risk of some nations taking us over should be in people's minds here >> you are an equal opportunity critic of both parties. you -- are you aligning yourself one way or another or supp
about the economy, talking about the deficit, talking about four years of president obama would be detrimental to the country. it's pretty plain and simple. president obama and republican nominee mitt romney are laying low today because they're getting ready to prepare for the debate, so it's the number 2s on the campaign trail. right behind me here, here's paul ryan stumping here in new hampshire, a crucial battleground state. when he's done here, he goes to ohio later today. another very big important battleground state. and that's the whole idea here, as the president and mitt romney get ready for the debate. paul ryan and vice president joe biden are on the campaign trail. specific new hampshire. the race here is kind of close. the most recent poll shows president obama with a five-point advantage over mitt romney. definitely a very close contest here in new hampshire. this is a state that may not know paul ryan very well, but knows mitt romney very well, who was governor of neighboring massachusetts. he owns a vacation home here in new hampshire. spends a lot of time in thi
. you need to take account of the fiscal deficit, which cannot go like that anymore, and the same thing with the external deficit, and that will require, of course, some adjustments, and nobody wants adjustments. people want miracles. in economics you don't have miracles. you just have good policy and hard work. >> are you encouraged by the policies that you are now seeing from both the europeans and the americans, or really do you sit here thinking more, more please? >> we're not impressed because i think that we have lost the last three years. since the crisis that started in 1988 -- 1998 and 1999, we knew we have not been able to tackle the real causes of the crisis. it has not been done in europe. it has not been done in the u.s. we are talking too much and doing too little. >> now, if this was any leader in latin america, perhaps people would ignore him, but this is the president that's running strong free market economies and policies, and that's why when somebody like this harvard ph.d. economist speaks, president as well, suzanne, people listen. of course, it reinforces what cou
with some board behind them with numbers and saying how it's a moral obligation to reduce the deficit, just ask them, well, explain how the numbers work. >> then the president turned his own gaffe into a hit on romney. >> i want to see us export more jobs. export more products. excuse me. i was -- i was channeling my opponent there for a second. >> this morning the big news is from the obama campaign. they are out with a two-minute television ad that to many will look like a campaign closure spot if you will and the campaign believes frankly that for many voters it is the closing days before voting. voters in 30 states are already eligible to vote. this ad is the last thing the campaign wants the people to see before the debates. this ad airs in colorado, florida, iowa, nevada, new hampshire and virginia. not north carolina or wisconsin. take a look. >> during the last weeks of this campaign there will be debates. speeches. and more ads. if i could sit down with you in your living room or around the kitchen table, here's what i would say. when i took office, we were losing nearly 800,000 jo
on their budget plan, on deficit reduction, but i believe it was haley barbour and others that say the president is not being held to that same standard, the example they bring up is that the president says 1 million jobs -- mitt romney said 12 million and he has not explained but nevertheless, they see this is not equal treatment. when the president is on stage domestic policy, will he be under more fire to talk about the direction of the country because the responsibility and the onus right now is on him being the incumbent? >> i mean, absolutely. here's the reality. if you look at this in terms of, you know, what i think is going to end up happening in this debate, both candidates are going to force -- are going to be forced to answer the gaps if you will. i think the difference is, romney's gaps are the size of the grand canyon. the president i think has laid out pretty clear specific agenda in terms of where he wants to go. plus he has a record that he can go back to. he has a record he has to defend. but romney's problem is, this incredible reluctance to give any details about the loophole
's not going to cause bigger deficits tell us how you're going to do it and they won't do it. they won't say we're going to get rit of charitable deductions, won't get rid of homeowner, state and local. that's where all the money is. it's not little do dads here. joan, you take this one. he won't tell us. same question comes up wednesday night, can romney dodge ball it? can he say i'm not telling you how i'm going to do the major thing i promised to do, get the economy going through a tax cut but i'm not going to tell you how i'm going to do it. can he get away with it with even the mid-12348. >> i hope not. i think this is a moment for jim lehrerer to be very tough, respectful tough, and for president obama to come back at him and to say, look, i'm happy to see -- your running mate said he didn't have enough time on sunday. that's too bad. that's terrible, in fact. i'm willing to cede, governor romney -- >> could jim lehrer get away with simply saying i have a little liberty here, a little leeway, i will give you all the time it takes. tell us now what tax breaks you're going to get rid of. >>
up, it's too risky to cut taxes and blow another hole in the deficit and then hope that economic growth will somehow fill that hole later on. >> well, i think what andrea, what most people have seen is over the last fou years the economy hasn't grown. we haven't seen the job growth we need, we haven't seen the type of -- and we've seen trillions of dollars in deficits from this president. so governor romney put out early on in this campaign put out a 59-point plan a comprehensive plan to put america back to work. i think tonight's going to be another opportunity to talk about a number of these issue silos important to americans when they look at essentially all the cost pressures they have in their household. first is the tax reform. fundamental tax reform across the board which is going to help americans put more money in their pockets for those middle class americans that do a lot of the spending in this country and i think they need it the most. >> will governor romney explain? >> on issues like health care, those are also issues that the governor will address comprehensively
measures to reduce its deficit, one of the worst in the eurozone. the dow closed 72 points higher thursday while the nasdaq was up 42 points. >>> american airlines says it will take its pilots union to court unless the union ends its job action. american has had a surge of canceled or late flights since the beginning of the month. the pilots union says there is no sickout or slowdown but the union is angry over the company's decision to use bankruptcy protection to impose new work and pay rules. >>> goldman sachs will pay about $12 million to settle civil charges in a so-called pay-to-play scheme. the securities and exchange commission said a goldman executive allegedly provided campaign services to a candidate running for governor of massachusetts in 2010. in return, the company wanted to win the state's lucrative bond business. goldman settled without admitting or denying those charges. >>> and facebook is thinking big by thinking small. the social media site started a new feature that allows users to send small gifts to friends such as a coffee or a pastry. most of facebook's revenue co
breaks and still close the deficit, that claim is mathematically impossible according to the tax policy center. romney's fuzzy math has put his surrogates in a bit of a tough spot. here is paul ryan trying to explain the impossible on fox us in yesterday. >> how much does that cost? >> it's revenue neutral. >> it's not revenue neutral unless you take away deductions. and we'll get to that. the first half lowering the tax rates does that cost $5 trillion -- >> no. >> you haven't given me the math. >> oh, it would take me too long to go through the math. >> come on i don't have the time to tell you how the math works. then he follows that awkward statement with another statement today. >> i like chris. i didn't want to get into all of any math of this because everybody would start changing the channel. >> jennifer: kind of funny. i isn't know candidates were worried about fox news ratings, and it wasn't just paul ryan having difficulty with this issue. governor bob mcdonald today was also at a loss to explain this math. >> where is the mat and is mitt romney g
even to grips witness. >> reporter: in 2009 president obama pledged to cut the budget deficit in half by the end of his first term. obviously with the budget deficit still at 1.2 trillion that hasn't happened. how does he get past that at the debates? >> as he said, central to his entirely election argument is things were much worse than we thought they were. the country was in a much-worse situation and the americans who lived through the panic of 2008 tend to agree with him, they tend to easily recall what it was like when they opened their 401k statements before this election in 2008 and said, gee, this is not working. the president does have that going in his favor. the thing that makes him more vulnerable is this. this is where romney can really get him. the president said if he got the more than trillion dollars in stimulus packages that he wanted that he could get unemployment down under 8%, and that is not what happened. so what romney will argue is, that the president has failed and that the failures have been simply too expensive. and you know the new sewing began in romney
encouraged by taking tough measures to reduce the deficit. the dow closed 72 points higher thursday while the nasdaq was up 42 points. >>> american airlines says it will take its pilots union to court unless the union ends its job action. american has had a surge of canceled or late flights since the beginning of the month. the pilots union says there is no sickout or slowdown but the union is angry over the company's decision to use bankruptcy protection to impose new work and pay rules. >>> goldman sachs will pay about $12 million to settle civil charges in a so-called pay to play scheme. the securities and exchange commission said a goldman executive allegedly provided campaign services to a candidate running for governor of massachusetts in 2010. in return, the company wanted to win the state's lucrative bond business. goldman settled without admitting or denying those charges. >>> and facebook is thinking big by thinking small. the social media site started a new feature that allows users to send small gifts to friends such as a coffee or a pastry. most of facebook's revenue comes fr
is firing back as in, hey, a humongous deficit is not patriotic. >> this is a land where economic freedom has allowed people to pursue their dreams and in doing so and achieving success, they lift us as a nation, they give us jobs, i will not apologize for success here and i will never apologize for america abroad. >> how's that for economic patriotism, whatever that is? so the talk back question for you this morning, is there such a thing as economic patriotism,, your responses later this hour. >>> when we think of bounties in football now we think of the new orleans saints. saints' head coach, sean payton is on the golf course instead of the football field this season after the nfl suspended him for his role in bountygate. a former assistant of another team says his players were offered cash for big hits on opponents. these weren't nfl players. they were 10 year-olds. here's casey wian. >> reporter: the 2011 red cobra's pop warner football team went undefeated in the regular season. >> this was a team that knew it was on the verge of greatness and indeed went to th
trade action. we went from a billion-dollar trade deficit to $10 billion over the last ten years. that's a lot of job loss and a lot of jobs we could start to regain with with we enforce the rules that china clearly is cheating. they subsidize capital and energy and land and water. they don't play fair on currency. we stand up to them, it means good jobs and it will create a middle class in ohio. >> in your own campaign in ohio, as i mentioned in the introduction, you've raised money for your own campaign. your opponent has raised not sis similar amounts. the big difference is outside money that's coming in on his behalf. you're being outspent 4 to 1 when you look at the numbers. why are these groups from outside your state so interested in seeing you lose, a, and b, why do it in ohio when there's a premium on ad dollars because the presidential campaign is spending money? >> their money may be unlimited. and they are going after me because it's dark money. we don't know for sure who it is. we think it's the oil industry because of my efforts to take on the oil companies and the subsid
, it doesn't have to be this way, okay? we can create jobs, we can deal with the federal deficit, and, yes, we can have a foreign policy where we stabilize these parts of the world if we'll just act in the traditions of bipartisan foreign policy since world war ii. i think that's going to be his basic message. >> in the op-ed there was a phrase used, soft power. i guess what does that mean? what would they have done differently with libya? >> well, here's what should have happened. first, ideally you anticipate the arab spring. if you can't do that, when it happens you set forth a very clear vision of where the region ought to go, in the direction of a constitutional government. you actually get involved in these countries. you learn the elements that want those things. you support them and give them credibility. you identify the elements that don't want those things. you oppose those. you actually use the tools. >> do you think the united states should take a stand in open den dmitri caratic elections in a place like egypt? >> we should set forth a vision and identify and give credibility
Search Results 0 to 49 of about 96 (some duplicates have been removed)